ORLANDO, Fla., April 27 /PRNewswire/ -- SOLUTIONS '99 -- Condor Technology
Solutions (Nasdaq: CNDR), a leading provider of end-to-end information
technology solutions, today announced an expanded relationship with Hyperion
Solutions (Nasdaq: HYSL), the leading provider of analytic application
software for reporting, analysis, modeling and planning. As part of this
expanded relationship, Condor will integrate and resell Hyperion Essbase OLAP
Server with E-MAS(TM) to provide joint customers with an innovative analytic
application for electronic commerce.
E-MAS is Condor's e-commerce marketing analysis system developed to use
customer purchase data as the basis for delivering one-to-one marketing
programs. Analyses include 1) Product Sales by Customer Type; 2) Customer
Retention; 3) Decile Analysis; and 4) Customer Segmentation. This innovative
analytic application leverages the performance, scalability and analytical
power of Hyperion Essbase, the market-leading cross-platform enterprise OLAP
server, to extend the value of data in ERP systems, relational databases and
other corporate data sources. The combination of E-MAS and Hyperion Essbase
will provide customers with a rich analytic application that meets the ever-
changing needs of businesses analyzing product sales on the Web. Condor will
further enhance the solution by applying knowledge and consulting expertise to
customize the application to meet the specific needs of businesses.
"We have developed this application in response to the huge market demand
for powerful enterprise OLAP analysis capabilities in the e-commerce
marketplace," states Alan Levin of Condor's decision support practice. "E-MAS
provides Internet marketers with an easy-to-use tool for tracking their
variable marketing and sales statistics. In a fast-paced marketplace,
enterprise OLAP technology, such as Hyperion Essbase, is crucial to
effectively gauge market share, analyze purchasing trends and determine
marketing effectiveness. This application moves e-commerce sites from their
initial phase of tracking Web page hits and navigation to evaluating the
purchasing behavior of buyers for better, more targeted marketing."
"Condor is a valued Hyperion Consulting Partner, deploying custom analytic
applications based on Hyperion Essbase for many of our joint clients," said
Steve Fioretti, Hyperion's vice president of alliance marketing. "E-MAS will
provide our customers with a compelling e-commerce analytic application
solution for analyzing such data as product sales and customer retention to
determine overall marketing effectiveness."
Condor demonstrated the E-MAS application as well as other innovative
systems at Solutions '99, Hyperion's annual user conference in Orlando,
April 26 and 27.
About Hyperion Essbase OLAP Server
In use by more than 2,500 companies and an estimated 1 million end-users,
Hyperion Essbase OLAP Server is the leading strategic analytical platform
optimized for enterprise management reporting, analysis, modeling and planning
applications. It supports multi-user read/write access, large-scale data
capacity, robust analytical calculations and sophisticated OLAP queries.
Hyperion Essbase also provides intuitive multidimensional data navigation and
consistent, rapid response times in network-centric computing environments.
Hyperion Essbase allows corporations to deliver analytic applications
directly from operational systems or within an overall enterprise data
warehousing architecture. Analytic applications commonly implemented with
Hyperion Essbase include sales, marketing and profitability analysis; EIS and
reporting systems; balanced scorecards and performance management
applications, and budgeting, planning and forecasting systems. Information on
Hyperion's products and services is available at hyperion.com,
info@hyperion.com or 1-800-286-8000.
About Condor Technology Solutions, Inc.
Condor Technology Solutions, Inc., the enterprise portal company, is an
end-to-end information technology provider that helps clients meet key
business challenges with targeted, customizable solutions and simplified
information technology management. The integration of consulting solutions,
enterprise performance solutions and systems support solutions, further
enhanced by e-commerce capabilities, provides our clients a single source for
virtually all information technology solutions. Condor's 1,075 employees in
31 cities provide solutions to Fortune 1000 firms, middle-market companies and
government agencies.
Safe Harbor
Statements in this press release that are not strictly historical are
"forward looking" statements that are subject to risk and uncertainty.
Factors that could cause actual results to differ materially include, but are
not limited to, managing risks associated with client projects, competition,
acquisitions, acquisition integration, retention of clients of acquired
companies, attracting and retaining highly skilled employees, revenue and
earnings assumptions based on assumptions about continued growth and margins,
as well as other risks detailed in company reports filed with the Securities
and Exchange Commission, including its prospectus, 10-K and 10-Q filings.
Hyperion and Essbase are registered trademarks and Hyperion Solutions and
Hyperion Essbase are trademarks of Hyperion Solutions Corporation. All other
trademarks and product names mentioned are the property of their respective
owners.
CONTACT: Howard Schapiro of Condor Technology Solutions, 412-343-4000, or
howard@condorweb.com, or Joanna McMillan of Hyperion Solutions, 408-220-8075,
or joannamcmillan@hyperion.com.
SOURCE Condor Technology Solutions, Inc.
-0- 04/27/99
/CONTACT: Howard Schapiro of Condor Technology Solutions, 412-343-4000,
or howard@condorweb.com, or Joanna McMillan of Hyperion Solutions,
408-220-8075, or joannamcmillan@hyperion.com/
/Web site: hyperion.com
/Web site: condorweb.com |
